Shell Share Discussion Threads

[waldron] 25/7/2019 16:58

Brent Crude Oil NYMEX 63.77 +0.93%
Gasoline NYMEX 1.83 +1.53%
Natural Gas NYMEX 2.22 +0.95%
(WTI) 56.48 USD +0.91%


FTSE 100
7,489.05 -0.17%
Dow Jones
27,176.81 -0.34%
CAC 40
5,578.05 -0.50%
SBF 120
4,406.46 -0.47%
Euro STOXX 50
3,515.01 -0.55%
DAX
12,362.1 -1.28%
Ftse Mib
21,937.98 -0.64%


Eni
14.35 -0.44%

Total
47.92 -1.09%

Engie
13.95 -0.61%

Orange
13.39 +1.79%


Bp
523.6 +0.02%

Vodafone
132 +0.18%

Royal Dutch Shell A
2,539.5 -0.08%


Royal Dutch Shell B
2,542.5 -0.12%

[xxxxxy] 25/7/2019 09:07

Still thinking 30ish. Ever positive.

[waldron] 25/7/2019 07:25

European markets seen slightly higher ahead of ECB rate decision
Published 37 min ago
Sam Meredith
@smeredith19




Key Points

The ECB is scheduled to announce its latest interest rate decision at 12:45 p.m. London time, with Draghi’s press conference set to follow at around 1:30 p.m.
Some market participants expect policymakers at the central bank to cut rates by 0.1% on Thursday, while traditional ECB watchers tend to believe it is more likely the bank will promise to ease monetary policy over the coming months instead.
The euro hovered close to two-year lows ahead of Thursday’s opening bell, trading down around 0.1% at $1.1133.

European stocks are set to open slightly higher Thursday morning, after soft economic data bolstered expectations of a rate cut from the European Central Bank (ECB).

The FTSE 100 is seen 17 points higher at 7,518, the CAC is expected to open up around 25 points at 5,630, while the DAX is poised to start 50 points higher at 12,572, according to IG.

[waldron] 24/7/2019 17:08

Brent Crude Oil NYMEX 64.15 +0.50%
Gasoline NYMEX 1.83 +0.62%
Natural Gas NYMEX 2.20 -3.16%
(WTI) 56.91 USD -0.25%


FTSE 100
7,501.46 -0.73%
Dow Jones
27,227.24 -0.45%
CAC 40
5,608.67 -0.17%
SBF 120
4,427.17 -0.11%
Euro STOXX 50
3,534.47 -0.08%
DAX
12,522.89 +0.26%
Ftse Mib
22,066.88 +0.51%

Eni
14.414 +0.17%


Total
48.45 -0.84%


Engie
14.035 +0.50%

Orange
13.155 -0.49%


Bp
523.5 -0.72%

Vodafone
131.76 +0.73%

Royal Dutch Shell A
2,541.5 -0.94%


Royal Dutch Shell B
2,545.5 -0.95%

[maywillow] 24/7/2019 15:58

Huge Crude Draw Fuels Oil Price Rally
By Irina Slav - Jul 24, 2019, 9:40 AM CDT
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Barrels

A day after the American Petroleum Institute reported a stunning crude oil inventory draw of over 10 million barrels continuing a string of weekly declines, the Energy Information Administration released its own weekly estimate, which confirmed the size of the draw, strengthening oil prices further.

According to the EIA, U.S. crude oil inventories shed 10.8 million barrels in the week to July 19. This follows an estimated inventory draw of 3.1 million barrels for the previous week. Analysts had expected the EIA to report an inventory draw of 6.33 million barrels.

Gasoline inventories fell by 200,000 barrels last week, versus a jump of 3.6 million barrels in the previous week. Gasoline production, the EIA said, averaged 10.1 million bpd last week, up from 9.9 million bpd a week earlier.

In distillate fuel, the authority reported an inventory increase of 600,000 barrels. A week earlier, distillate fuel inventories added a substantial 5.7 million barrels. Production last week averaged 5.2 million barrels daily, versus 5.4 million bpd a week earlier.

Refineries processed 17 million bpd in the seven days to July 19, down from 17.3 million bpd processed on average in the previous week.

The API’s report yesterday helped push prices higher as the draw it had estimated beat analyst expectations after the huge 10-million-barrel draw the API had reported last week. EIA’s figures from today will without a doubt strengthen the rally as the latest developments in U.S.-Iranian relations constitute the mixed signals that the oil market loves to hate.

While these relations remain tense—and tend to be getting tenser after the U.S. Navy shot down an Iranian drone over the Strait of Hormuz—reports of pending negotiations have relieved some of that pressure, sending oil prices lower.

At the time of writing, Brent crude traded at US$63.96 a barrel with West Texas Intermediate at US$56.97 a barrel, both moderately up since trade opened.

By Irina Slav for Oilprice.com

[fjgooner] 24/7/2019 15:32

Huge 10.835M crude draw vs 4.011M consensus forecast reported by EIA - great news.

[fjgooner] 24/7/2019 13:43

Well, I was too tempted and bought a trading batch at £25.38 for our lead into results.

Hopefully that will pay for a nice little Euro-city break. :)

[lippy4] 24/7/2019 11:11

thankyou for your opinion fjgooner,i have also been amazed at the shares performance with every thing going for it..

time will tell,lets hope it all falls into place..

[chiefbrody] 24/7/2019 11:03

Indeed.Cant help thinking though, all these buybacks and the share price has done SFA.Will the buybacks materially alter the EPS enough to get a juicy dividend increase?Hell i'd rather just have a special div that i can reinvest when i want.

[fjgooner] 24/7/2019 10:47

@Lippy4,

There's no purpose in talking up or down such a massive company on a BB such as this.

However the share price performance in the last 14 months has been absolutely pathetic - an 11% decline from roughly £28.50 to today's £25.40.

And that is in the context of the company being in great shape and, as a result, aiming to return almost half of its equity value to shareholders over the next few years.

I'm entirely comfortable that a sensible share price in the £30-£35 range will be reached during those years, but this current year's share price has been massively and mystifyingly hopeless.

And in the short-term, we have some events that should adjust the share price more favourably.

The Energy Information Administration's Crude Oil Inventories measure is released at 3:30pm with a forecast draw of 4 million barrels. Given yesterday's API report that draw could well be even larger and could give RDSB a boost late in today's session.

Next week we will have Q2 results released for a period where Brent averaged $68.47. Again, these should be favourable.

But receiving a dividend yield of 6% set against a much larger share price decline leaves me feeling uncomfortable with my current 90% commitment.

I still intend to trim back to 50% of my peak holding when prices allow, but currently the stock is trading way too low to permit this.

"A world class investment"? Yes, I think so. I just wish the world would agree.

[lippy4] 24/7/2019 09:51

fjgooner you are supposed to be talking it up,not down...

[fjgooner] 24/7/2019 09:37

... someone should tell the share price. :)

[grupo] 24/7/2019 07:58

RDS A and B Barclays Capital Overweight 3,250.00 - Reiterates

[waldron] 24/7/2019 07:26

European markets seen slightly higher amid expectations ECB could cut rates before Fed
Published an hour ago
Sam Meredith
@smeredith19




Key Points

The FTSE 100 is seen 8 points higher at 7,564, the CAC is expected to open up around 10 points at 5,628, while the DAX is poised to start 45 points higher at 12,535, according to IG.
Boris Johnson will begin the process of forming his government later in the session, as he enters Downing Street to officially succeed Theresa May as prime minister.
The new Conservative Party leader has insisted the U.K. must leave the EU by the October 31 deadline “come what may.”

European stocks are set to open slightly higher Wednesday morning, as market participants braced for a dovish outcome from the European Central Bank’s (ECB) upcoming monetary policy meeting.

The FTSE 100 is seen 8 points higher at 7,564, the CAC is expected to open up around 10 points at 5,628, while the DAX is poised to start 45 points higher at 12,535, according to IG.

[fjgooner] 24/7/2019 00:44

Oil Spikes After API Reports Largest Crude Inventory Draw Of The Year

By Julianne Geiger - Jul 23, 2019, 3:44 PM CDT

The American Petroleum Institute (API) reported a huge crude oil inventory draw of 10.961 million barrels for the week ending July 18, compared to analyst expectations of a much smaller—but still significant--4.011-million barrel draw.

The inventory draw this week compares to last week’s small draw of 1.401 million barrels, according to the API. A day later, the EIA had estimated an even bigger inventory drawdown of 3.1 million barrels.

After today’s extra-large draw—the largest draw this year--the net build is now just 1.20 million barrels for the 30-week reporting period so far this year, using API data.

[waldron] 23/7/2019 17:01

Brent Crude Oil NYMEX 63.24 +1.23%
Gasoline NYMEX 1.80 +0.22%
Natural Gas NYMEX 2.29 +2.65%
(WTI) 56.16 USD +0.12%



FTSE 100
7,556.86 +0.56%
Dow Jones
27,229.6 +0.21%
CAC 40
5,618.16 +0.92%
SBF 120
4,431.99 +0.95%
Euro STOXX 50
3,537.14 +1.42%
DAX
12,490.74 +1.64%
Ftse Mib
21,972.03 +1.09%


Eni
14.39 +0.52%

Total
48.86 +1.38%


Engie
13.965 +1.05%

Orange
13.22 +0.49%



Bp
527.3 +0.82%

Vodafone
130.8 +1.92%

Royal Dutch Shell A
2,565.5 +0.39%

Royal Dutch Shell B
2,570 +0.18%

[fjgooner] 23/7/2019 13:14

Extract

Oil stocks have a radioactive glow about them these days. If the trends I've discussed in this report bear out, they could shed that pretty quickly as oil moves up.

In the Daily Drilling Reports Oil Trends Tracker, we discussed the inventory stats put out by the EIA and several other sources. They add up to a massive draw for the coming week.

We have recommended taking proactive positions in advance of this report. Companies like Shell (NYSE:RDS.A) (NYSE:RDS.B), and BP (BP) are on sale as a result of recent adverse price movement in oil. The type of draw we are expecting could change that course in a hurry. Both are yielding around 6% right now, and won't stay there long.

[fjgooner] 23/7/2019 11:57

Another key point from that article:

The company is targeting potentially $125 billion+ in total distributions from 2021-2025. Let’s put that number in perspective. The company’s market cap is roughly $260 billion, which means that this distribution plan is to return nearly half of the equity value currently over that five year period, which averages about 10% per year for shareholders.

[waldron] 23/7/2019 07:58

Conclusion

Nearing the conclusion of a decade allows for large corporations to set new long-term plans and refresh their vision and goals. After looking at Royal Dutch Shell's 2025 plan in detail, I'm inclined to believe this company can deliver for shareholders. New E&P projects are profitable at an average $30/barrel break even and the company stands to begin returning capital to shareholders in the form of a higher dividend once the buyback includes. Further debt reduction would make me incrementally bullish on this name, but with their quantum of debt, deleveraging will take several quarters before shareholders start to become comfortable with the balance sheet. Investors should pay specific attention to the outcome of the upcoming shareholder meeting and any major capital allocation announcements.

[waldron] 23/7/2019 07:36

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Markets
European markets seen higher as UK prepares to usher in new prime minister
Published 2 hours agoUpdated an hour ago
Sam Meredith
@smeredith19




Key Points

The FTSE 100 is seen 25 points higher at 7,539, the CAC is expected to open up around 26 points at 5,593, while the DAX is poised to start 72 points higher at 12,362, according to IG.
Sterling edged 0.15% lower against the U.S. dollar Tuesday morning, slipping to $1.2459 shortly before the opening bell. It comes as investors brace for the result of the Conservative Party leadership contest.
The outcome of the weeks-long ballot of about 160,000 Conservative Party members is scheduled to be revealed shortly before midday.

European stocks are set to open higher Tuesday morning, while the pound dipped amid worries that Britain’s new prime minister could lead the country into a no-deal exit from the European Union.

The FTSE 100 is seen 25 points higher at 7,539, the CAC is expected to open up around 26 points at 5,593, while the DAX is poised to start 72 points higher at 12,362, according to IG.